Regulatory Alerts2022-05-12 | DOF 5651788Added · Updated
Official Letter Authorizing the Organization and Operation of Liftoff, S.A. de C.V., Electronic Payment Fund Institution
The National Banking and Securities Commission authorizes Liftoff, S.A. de C.V. to organize and operate as an Electronic Payment Fund Institution with an initial social capital of $21,743,736.00 MXN and its domicile in León, Guanajuato. The authorization is intransmissible and subjects the entity to the supervision of the Commission and the Bank of Mexico, requiring compliance with the Law for the Regulation of Financial Technology Institutions and related general provisions. Liftoff must also adhere to the terms and obligations specified in official letter P152/2021 dated June 10, 2021.